4. Take Help from Advisors and Experts

Some of your decisions may seem like it was after an evaluation of business performance, others may be a well-educated whim passing off as good intuition.  Sometimes, it takes a specialist who has spent a long time in the business to know you better than you know yourself. A guide to help you suppress wild investing decisions can also help you imbibe the advisor's flair in stock selection. Also ensure you do not fall prey to the advisor's own hidden agenda and watch out for favoritism in stock selection.

5. Model Portfolio

Investing can be a fun and profitable experience. As an exercise, create a model portfolio and pick stocks, funds and debt based on your knowledge of the instruments, the market and yourself. Try to stick to your goal plan and navigate through markets in their highs and lows. The virtual payoff you make by charting earnings will help you calibrate yourself. There are websites to help you trade with fake money.